WEC SUBSIDIARY TO BUILD TWO NATURAL GAS GENERATORS IN UPPER PENINSULA

A subsidiary of We Energies has asked for approval to build two generating plants
located in Baraga and Marquette counties in Michigan’s Upper Peninsula at a cost of
$277 million. Upper Michigan Energy Resources Corporation would build the natural
gas projects by 2019 enabling We Energies to shut down its coal-fired power plant in
Marquette, Michigan, by 2020. This would eliminate the need for Wisconsin ratepayers to
continue paying for that plant.

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